Breakbulk Sea Transport Indices - Latest month May

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Source: Drewry Multipurpose Shipping Forecaster

N.B. The above indices are based on time charter rates of various sectors and vessel capacities and a range of dry container freight rates:

• The General Cargo Index uses TC rates of general cargo ships with capacities between 3,000 and 20,000 dwt, small feeder containerships, handysize dry bulk carriers, car carriers and a range of dry container freight rates. The weighting is based on estimated proportions of cargo types on general cargo ships and fleet composition by size category.
   
• The Project Cargo Index uses TC rates of project cargo carriers with capacities between 10,000 and 25,000 dwt and all the components of the General Cargo Index. The weighting is based on estimated proportions of cargo types on project cargo carriers and fleet composition by size category.